Indonesian Retail Companies in Focus: Mitra Adiperkasa
The plan of Indonesian retail company Mitra Adiperkasa to sell 20 percent of its stake in subsidiary MAP Boga Adiperkasa is expected to have a good impact on the financial performance and share performance of the company. MAP Boga Adiperkasa is a leading food and beverage retailer that operates five exclusive brands in Indonesia (including Starbucks, Pizza Express, Krispy Kreme, Cold Stone Creamery, and GODIVA).